The First Deputy Prime Minister of Mongolia and Minister of Economy and Development is the second highest ranking position in the Mongolian cabinet. Under the Law on the Government of Mongolia, the office is mainly responsible for national development and economic policy, and performs the duties of the Prime Minister during his or her temporary absence. As a member of cabinet, the officeholder is appointed and dismissed by the Prime Minister. The incumbent minister is Jadambyn Enkhbayar, who took office on 25 November 2025, succeeding Nyam-Osoryn Uchral.
Since 2024, the First Deputy Prime Minister and Minister of Economy and Development is responsible for:
On 24 September 1990, Prime Minister Dashiin Byambasüren proposed creation of the positions of First Deputy Prime Minister and Deputy Prime Ministers and his intention to include representatives of other parties in a manner that reflected the views of the people as a whole. Two days later, Mongolian National Progress Party chairman Davaadorjiin Ganbold was appointed as First Deputy Prime Minister of the Mongolian People's Republic by the State Little Khural. The office was subsequently abolished, but it was revived during the coalition governments led by Sanjiin Bayar and later Sükhbaataryn Batbold between 2008 and 2012, when Democratic Party chairman Norovyn Altankhuyag was appointed to the post. In 2014, then Prime Minister Altankhuyag submitted to the State Great Khural a proposal to restore the post as part of an amendment to the Law on the Composition of the Government, but parliament turned down his request. The office was restored once again on 10 July 2024, when the State Great Khural adopted the Law on the Composition of the Government, re-establishing it under the current title. On the same day, Luvsannyamyn Gantömör, chairman of the Democratic Party was sworn in as a member of the Second Oyun-Erdene cabinet. Since then, the office has been held by ruling Mongolian People's Party politicians Nyam-Osoryn Uchral and J.Enkhbayar, during the premiership of Gombojavyn Zandanshatar.